[0_0_]

I think you should look up the definition of scam.

"a dishonest scheme; a fraud."

I like the innovation of this coin, but does it offer any solutions that Bitcoin or any other established alt can not address? Does it not have any particular use? Are Bitcoin, Litecoin, Namecoin, Peercoin, Worldcoin and Megacoin not good enough? No.

According to the current rates, one coin is worth $1 million. If the rates stay the same or similar, after a few coins are mined, this coin will hold a market cap similar to coins that have been around for months and offer some sort of innovation?

No recent alt has made an impact big enough to prove its longevity in the crypto scene. The last pump and dump hypes including Earthcoin, Catcoin, Dogecoin, Mooncoin and the others have all resulted in disasters.

Although Dogecoin and Catcoin both had no premine, early adopters were able to identify the potential in the coin, wait for suckers to arrive and then dump. Catcoin hit $1 I think, then sunk back down and now no one's spoken about it. Same as Earthcoin.

Anyway enough of those coins, I can see that 42coin is just another joke to hit the crypto scene.

I could be proven wrong, and if it does become mainstream, I won't hide. I'll accept it. But my stance right now is that it's just a hype.

These new coins do replicate ponzi's though in a sense. Early adopters with mega hashing power start mining, wait until the end of the hype and dump.

[AgentG0D]

I earned a shit ton on Dogecoins, I didn't mind that. I love to invest in new coins, there is always that one coin that get 100x in profit and poof you are rich.

[0_0_]

Tell me the story behind Visacoin please.

The "founder" collected 135BTC of donations. It was meant to replicate NXT's distribution of coins, where they were meant to be distributed depending on how much people invested. No mining was to take place. After writing a white paper in Chinese, he had it translated to English by another member on Bitcointalk and he posted it. He's been inactive for nine days and his thread is now locked.

Further information: https://bitcointalk.org/index.php?topic=384097.460

[Bitcoin Life]

"a dishonest scheme; a fraud."

I like the innovation of this coin, but does it offer any solutions that Bitcoin or any other established alt can not address? Does it not have any particular use? Are Bitcoin, Litecoin, Namecoin, Peercoin, Worldcoin and Megacoin not good enough? No.

Just because a coin is shit doesn't make it a scam. I agree, these coins are quite useless, but that does not make them a scam.

Also anyone who buys into a coin before it is released deserves to get scammed, because systems that work that way are absolutely retarded.

[0_0_]

Just because a coin is shit doesn't make it a scam. I agree, these coins are quite useless, but that does not make them a scam.

Also anyone who buys into a coin before it is released deserves to get scammed, because systems that work that way are absolutely retarded.

Yes, but they are run like scams. Even if the owner isn't leading the scam (whether it be with a premine pump and dump or any other form), many megahashers and early adopters can manipulate the price. These coins are carelessly produced, people buy into them believing that they have potential and people lose their money. In order for people to lose their money, someone must make money from someone losing money unfairly.

I agree with the second statement.

[ep1capple]

No it's not a scam. It does take some time (about 30+ minutes) to send the confirmation email for withdrawal, but it's a legit exchange. I know many people who have used this website to buy/sell COYE and they've withdrawn their coins successfully.

There's only 0.3425097 of the coin mined as of today, not even one. 😊

Good to hear but it doesn't look active at all. There's only 5 buy orders for COYE on there at a ridiculously low price that no one wants to sell to them.

[on1879]

I've heard 0daycoins won't let you withdraw, it's a scam site.

I think they handle withdrawals manually so it can take a while.

[Vᴇᴀxᴏʀᴇ]

I saw when 42 came out. I thought it was too hard to mine so I didn't go for it. Damn did I miss out, lol.
Regrets, regrets. But seriously if I did mine it I don't think I would of gotten very much. Not sure how low the difficulty was.

[MyLittlePony]

Lol it just recently came out.
How much coins are left?

[Angel™]

Damn this coin. I wish i could mine this but im not a pro at this. You probably need a mining rig for this

[HackMe123]

I'm mining this coin for a little... Let's see how far I get lol

[vĸs]

FUCK YOU CRYPTSY !! FUCK YOU !!! i spent 2 FUCKING HOURS on cryptsy trying to buy in at 250 and at 300 and then i gave up... 4 hours later i check the charts and BAM new HIGH !! 1900 !! WTFFFF CRYPTSY ! im so fucking mad right now i cant believe what i shitty site we are dealing and exchanging on

The problem was that Cryptsy set a minimum buy of .001 which caused this error.

[SIM-5455545]

holy fuck what is this bs coin 30k to 100k swings look like easy money eats to me.